United States · Series B startup

Who invested in Memfault

2 rounds we have observed, with the 6 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Developer ToolsManufacturing

Y Combinator: W19

Funding summaryUpdated 26 Oct 2026

$27Mraised across 2 rounds since 2019, from 2 sources

$2.5MRound$24MSeries B
Latest round
Series B, $24MJan 2023
Step-upi
9.6×
Investors
6 (1 led)
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2020202120222023
$2.5MRound$24MSeries B
First round
Round, $2.5M
Nov 2019
Biggest round
$24M
Series B · Jan 2023
Between rounds
3.2 years
from the last two

The rounds

  1. Jan 2023
  2. Nov 2019
    Round$2.5M3 new

    Reported by Devops

Founders and team

From Memfault's own website: 6 on the team.

  • Mike ResslerChief Technology Officer | Diamond Kinetics
  • Chris MerckVP of Engineering | Bond Home
  • Karthik RajagopalHead of Engineering | Logitech
  • Konstantin KlitenikHead of Engineering | Silvertree
  • Raman ThaparVP of Engineering | Latch
  • Alvaro PrietoPrincipal Embedded Software Engineer | Sofar Ocean

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Everyone who backed them

Uncork CapitalVC firm2rounds, led 1
Y CombinatorAccelerator2rounds
Liquid 2 VenturesVC firm1round
Partech VenturesVC firm1round
StripeCompany1round
S28 CapitalVC firm1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

These 2 firms list Memfault as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

ConduitAcceleratorPer its own site
Realm Capital VenturesVC firmPer its own site

Quick answers about Memfault

Who invested in Memfault?

Memfault's investors include Uncork Capital, Y Combinator, Liquid 2 Ventures, Partech Ventures and Stripe, and 1 more on record.

How much has Memfault raised?

Memfault has raised $27M across 2 rounds since 2019.

When did Memfault last raise?

Memfault's most recent round was a Series B of $24M in Jan 2023.

What was Memfault's biggest round?

Its most recent round, $24M in Jan 2023, is also its largest on record.

Who backed Memfault first?

Memfault's first round on record, in Nov 2019, was backed by Uncork Capital, Y Combinator and S28 Capital.

What stage is Memfault at?

Memfault's latest named round is a Series B, in Jan 2023.

Where is Memfault based?

Memfault is based in the United States.

Who led Memfault's rounds?

Uncork Capital led the Undisclosed round in 2019.

Companies like Memfault

In the same sector, and raised in the last eighteen months.

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